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PayPal has been an application involved in electronic payments for a long time. It can be used on both Android and iOS, where new users can install the same from Google Play Store and Apple App Store, respectively.
You may have already used a PayPal account to make some personal transactions. However, now that you are a business owner, PayPal is going to work a bit differently for you. PayPal is an online bank account that lets you pay for things you purchase. PayPal bank account holders can securely send and receive money through online transactions.
Some business owners use PayPal to obtain money and transfer their PayPal money to other bank accounts for further use. In this post, we will help you learn how to open a PayPal bank account, link your other bank account to the same and transfer money from PayPal in just a few clicks.
Here is a simple process to help you open a PayPal bank account in the UAE.
To transfer money from your PayPal bank account to another bank account, you need to link your PayPal bank account to the other bank account. Here are the steps to do the same.
Note: The bank account holders may need to go through some additional security checks when linking their PayPal bank account to the other bank account.
Here is the list of documents required to help you transfer money from PayPal to your bank account in the UAE.
The PayPal bank account holders need to convert their personal account to business account for easy money transfers. Here are the steps to help you activate withdrawal services when transferring money from your PayPal bank account.
Note: The account holder gets a confirmation email for the same within 5 days from the day they placed the request.
Here are the instructions that you need to follow to transfer money from PayPal bank account in the UAE.
Note: The account holders can transfer money from PayPal to their bank account only and not to a credit, debit or prepaid card.
Here are a few major things to keep in mind when transferring money from PayPal account.
Now that you know how you can transfer money from PayPal to your other bank account, you can go ahead and do the same. In case you need assistance or have any questions, you can contact our customer support team anytime. Our financial experts will not only explain but also take you through the entire PayPal money transfer process.